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    Wapal

    hexagon

    Flipside AI

    Wapal NFT marketplace on Aptos blockchain experienced remarkable growth in January 2024, with 273,116 unique buyers, $2.3M in total trading volume, and a maximum single NFT sale price of 800 APT. The Loonies collection dominated trading with 57,679.08 APT volume, while the platform saw a dramatic volume surge of 477% between January and April 2024. However, the marketplace also faced significant volatility, with new buyer acquisition dropping 95% from a peak of 141,463 in March to just 615 by December 2024, indicating potential market challenges and uncertainty.

    This table includes some metrics that may require further explanation. It provides an overview of the Wapal marketplace based on weekly timestamps. Some of these metrics might be unfamiliar to regular users, so let's review them together:

    1. 90th Percentile Price
      Definition: The price at which 90% of all weekly NFT sales were below this value.

    2. Price Volatility Index
      Definition: The standard deviation of NFT prices across weekly sales, rounded to two decimal places.

    3. Fee-to-Volume Ratio
      Definition: (Platform Fees Collected / Total Sales Volume) × 100

    4. Volume Growth Rate
      Definition: The week-over-week percentage change in trading volume, calculated as:
      (Current Week Volume - Previous Week Volume) / Previous Week Volume

    Overview
    Monthly Overview
    Since January 2024
    New Buyers
    Since January 2024
    Breakdown
    Top Collections
    Since January 2024
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.